Liba Gold Mine
Liba Gold Mine
Liba Gold Mine
Liba Gold Mine
Liba Gold Mine
  • Location
    Luoba , LiXIAN County, Gansu Province
  • Ownership
  • Project status
    In operation
  • Deposit Type
    Carlin-like gold deposit
  • Mineral Resources (Inclusive of Mineral Reserves)
    Contained gold of 4.66Moz with grade of 2.07g/t
  • Mining & Processing methods
    Open-pit mining + underground mining + flotation
  • 2022 Production
    Mined gold :177koz
  • Project Overview

    The project holds 2 mining licenses and 3 exploration licenses. Currently, it operates an open-pit mine known as the Liba Gold Mine. In 2021, the exploration project of the Zijin Liba Gold Mine managed under Longnan Zijin was recognized as an Outstanding Achievement of China’s Ten-Year Mineral Exploration Endeavors by the Ministry of Natural Resources. 

  • Debottlenecking and Expansion

    The Liba Gold Mine has a daily processing capacity of 10,000 tonnes. The project is currently building the Jinshan Gold Mine, which will have a daily processing capacity of 2,000 tonnes and is expected to be put into production by the end of 2023.

  • ESG

    The project places high importance on environmental protection. Its green initatives include the use of electric mining trucks and solar panels. Regular monitoring of environmental quality is conducted, and there is a "zero discharge" policy for production and domestic wastewater. The project has invested a total of RMB 160 million to reclaim an area of more than 1,976 acres, planting over 1.5 million tree seedlings and sowing more than 320 tonnes of grass seeds.

  • M&A

    In 2008, Zijin Mining acquired Gansu Yate Mining Co., Ltd. and subsequently restructured it to establish Longnan Zijin Mining Co., Ltd., in which Zijin Mining holds an 84.22% interest.